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Raleigh, NC Rent Trends

Rank #48, last updated March 28

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Raleigh?

The average rent of a studio apartment in Raleigh, NC is $1,249. The average rent of a 1-bedroom in Raleigh, NC is $1,285. The average rent of a 2-bedroom in Raleigh, NC is $1,504. The average rent of a 3-bedroom in Raleigh, NC is $1,970.

Studio

$1,249


1 bed

$1,285


2 beds

$1,504


3+ beds

$1,970

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Raleigh

Apartment Rent Ranges in Raleigh

The monthly rent for apartments in Raleigh, NC ranges from $500 to $2,500+.

$500 - $1,000

$1,000 - $1,500

$1,500 - $2,000

$2,000 - $2,500

$2,500+

What is the average apartment size in Raleigh?

The average size of a Raleigh, NC apartment is 1029 square feet, while the median apartment size for Raleigh, NC is 1000 square feet. However, square footage varies based on unit type. Most rentals in Raleigh, NC (43.91%) are 2 bedroom apartments, while the fewest (2.45%) are studio apartments. Meanwhile, 1 bedroom apartments account for 35.64%, and 3+ bedroom apartments make up 18%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Raleigh?

Studio1 bed2 beds3+ beds
Hudson And Plaza*$1,375$1,623$2,750

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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